Meridian Wealth Management LLC Invests $419,000 in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)

Meridian Wealth Management LLC acquired a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 4,379 shares of the company’s stock, valued at approximately $419,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thrivent Financial for Lutherans boosted its position in Vanguard S&P Mid-Cap 400 Value ETF by 0.7% in the 2nd quarter. Thrivent Financial for Lutherans now owns 18,719 shares of the company’s stock valued at $1,639,000 after buying an additional 125 shares during the last quarter. Truist Financial Corp lifted its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 0.6% during the second quarter. Truist Financial Corp now owns 24,529 shares of the company’s stock worth $2,148,000 after purchasing an additional 145 shares during the last quarter. Redhawk Wealth Advisors Inc. lifted its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 3.8% during the second quarter. Redhawk Wealth Advisors Inc. now owns 5,575 shares of the company’s stock worth $488,000 after purchasing an additional 206 shares during the last quarter. Fifth Third Securities Inc. raised its stake in Vanguard S&P Mid-Cap 400 Value ETF by 11.9% during the second quarter. Fifth Third Securities Inc. now owns 3,191 shares of the company’s stock worth $279,000 after acquiring an additional 340 shares during the period. Finally, Capital Performance Advisors LLP acquired a new stake in Vanguard S&P Mid-Cap 400 Value ETF during the third quarter worth about $33,000.

Vanguard S&P Mid-Cap 400 Value ETF Trading Up 1.7 %

Shares of NYSEARCA:IVOV opened at $103.46 on Monday. The firm’s 50 day moving average is $97.29 and its two-hundred day moving average is $92.46. Vanguard S&P Mid-Cap 400 Value ETF has a 52 week low of $79.50 and a 52 week high of $103.50. The firm has a market capitalization of $1.01 billion, a P/E ratio of 6.72 and a beta of 1.07.

Vanguard S&P Mid-Cap 400 Value ETF Company Profile

The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Value index. The fund tracks an index of value-style securities from the Committee-selected S&P mid-cap 400. IVOV was launched on Sep 9, 2010 and is managed by Vanguard.